... include bonds issued by both euro area residents and non -euro area residents, therebygoing beyond the “narrow” definition of international issuance.In summary, while the role of the euro in the international ... Review of the international role of the euro, Frankfurt am Main.ECB (2002), Review of the international role of the euro, Frankfurt am Main.ECB (2003a), The international role of the euro: main ... share of the euro in the bondportfolios of large international fund managers,on the one hand, and the rising share of the euro in the stock of international bonds, on the other.Looking ahead, the...